Electronic Design Automation Tools Market Size

Electronic Design Automation Market size was over USD 17.17 billion in 2024 and is projected to reach USD 58.58 billion by 2037, growing at around 9.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of electronic design automation is evaluated at USD 18.61 billion.

Miniaturization, the aspiration to fit a supercomputer inside the palm of a human is revolutionizing the ICs and semiconductor chip designs. The need for EDA tools has grown over the years to deal with increasing complexity of IC designs, accuracy, precision and the effectiveness of semiconductor devices. With the increasing requirements for application-specific ICs which are capable of supporting cloud-based computing and AI,